Level One Bank is expanding its mortgage team in Oakland County as the Farmington Hills-based bank looks to capture more of the local housing rebound.
The bank has added four new mortgage bankers to its Consumer Division. Those new hires will be stationed in both Bloomfield Township and in the bank’s Farmington Hills headquarters.
"We feel there is ample opportunity in Metro Detroit," says Tim Mckay, senior vice president of
Level One Bank. "The economy feels good and people are starting to buy homes again."
Level One Bank has been growing steadily over the last few years, becoming one of the larger banks based in Oakland County. It now has $580 million in assets and seven branches that stretch from Ferndale to Bloomfield Township. The bank was working to execute a merger with Oxford Bank last year, but that didn't reach fruition.
Level One Bank has also grown its staff. The bank now employs 135 employees and nearly half a dozen interns after hiring 20 new staffers over the last year.
"We have hired a number of people over the last year," Mckay says.
Source: Tim Mckay, senior vice president of retail & mortgage banking
Writer: Jon Zemke
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